Architas has launched a fund of funds for Caspar Rock investing in real assets such as infrastructure and forestry.
The Architas Diversified Real Assets fund has been designed to offer an income-generating multi-asset alternative to conventional equities and bonds.
It will invest in funds that have exposure to assets as esoteric as aircraft leasing and specialist property, targeting a 3.5 per cent yield and a return with a low correlation to equities and bonds.
Cedric Bucher, head of business development at Architas, said the fund had been designed partly to tap into the demand for income-producing assets that is expected to grow as a result of the upcoming changes to the pensions rules.
The fund will invest in products such as the International Public Partnerships fund, an investment trust that invests directly in infrastructure projects, generating a reasonable income that rises with inflation.
The fund has also invested in the John Laing Environmental Assets Fund, another investment trust, which invests in projects such as wind farms and solar energy plants.
